JanSimandl

Correction expected WisdomTree Battery Solutions UCITS ETF

Long
XETR:W1TA   WISDOMTREE BATTERY SOLUTIONS UCITS ETF
As WisdomTree Battery Solutions UCITS ETF entered to 2021 by almost 5% pump on daily and reached its ATH above 37.45, It gained some decent attention and unusually high volume.
I believe in potential of fundament of this ETF and my strategy here is a long term investment. Therefore, I am looking for opportunities for accumulating this ETF for a reasonable price, that I believe would be around the previous resistance level around 36. I am acctualy expecting correction to this level and creation of a new support here.

What do u think? I would be happy for your toughts on this idea:)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.